Cann American Corporation (CE) (CNNA) News

It is already too late for your clown parade to cover. Time to pucker up shorty

Black IS NOT the CNNA CEO!!!
I'll believe OTC Markets over anything an anonymous poster with an agenda on a stock trading message board says.

It’s the 1st rents due. lol. Gotta do the monthly regurgitation.

Black IS NOT the CNNA CEO!!!

https://www.securitieslawyer101.com/2023/shell-hijacker-mark-miller-sentenced-to-one-year-in-prison/

Court documents show that Capitol Capital Corporation received several big chunks of stock in IGEX, then transferred the shares to Tiger Trout Capital LLC, a Puerto Rican entity controlled by Alan Masley. A bank statement from December 2019 provided in the lawsuit shows that Tiger Trout Capital LLC would then transfer money back to Capitol Capital Corporation, who, in turn, split the money between Mark Miller and Jason Black (Market Cap Concepts LLC). At the time, Jason Black was the CEO of IGEX, and none of the debt conversions were disclosed in any of the IGEX OTC filings.

Public records show that Capitol Capital Corporation has also been involved as a noteholder in at least three other public issuers that used Jason Black as the CEO, MedX Holdings Inc (MEDH), Cann American Corp (CNNA), and Seven Arts Entertainment, Inc (SAPX).

https://www.otcmarkets.com/otcapi/company/financial-report/327349/content

https://www.securitieslawyer101.com/2023/shell-hijacker-mark-miller-sentenced-to-one-year-in-prison/


On May 18, 2023, Mark Miller became the last of three men to be sentenced for a securities fraud scheme that involved hijacking several abandoned penny stocks, then using them for an illegal pump-and-dump stock manipulation scheme.  Miller pleaded guilty to count 1 of the Indictment, Conspiracy to Commit Securities Fraud, and was sentenced to 12 months and 1 day in prison, followed by 2 years of supervised release...

CNNA recently appointed Jason Tucker, former CEO of LEAS, as its new CEO, giving it yet another connection to past Miller frauds.  And according to SAPX OTC disclosures, on December 27, 2022, all the debt notes previously put in the name of Capitol Capital Corporation were transferred to an entity named Via Capital, represented in the SAPX filings by Jesus Cipriano, keeping the notes active despite Mark Miller’s various legal issues. Via Capital immediately started converting the debt into large chunks of free trading stock, including 150,000,000 shares on December 28, 2022, 150,000,000 shares on February 21, 2023, and 180,000,000 shares on March 6, 2023. SAPX has also begun to issue new debt notes to Via Capital.

https://www.securitieslawyer101.com/2023/shell-hijacker-mark-miller-sentenced-to-one-year-in-prison/

Besides his hijacking antics, Miller has also faced some legal pressure in a separate civil suit filed against him in the United States District Court for the Northern District of Illinois by David Goulding, Howard Salamon, Robyn Goulding, and John O’Shea, regarding a company named Capitol Capital Corporation. According to the court documents, the individuals collaborated, together with Jason Black, to create a convertible debt Note in Indo Global Exchanges Pte Ltd (IGEX) in the name of Capitol Capital Corporation, using old existing debt and alleged “service fees”. The individuals then agreed to split the proceeds from the stock sales.

Court documents show that Capitol Capital Corporation received several big chunks of stock in IGEX, then transferred the shares to Tiger Trout Capital LLC, a Puerto Rican entity controlled by Alan Masley.  A bank statement from December 2019 provided in the lawsuit shows that Tiger Trout Capital LLC would then transfer money back to Capitol Capital Corporation, who, in turn,  split the money between Mark Miller and Jason Black (Market Cap Concepts LLC). At the time, Jason Black was the CEO of IGEX, and none of the debt conversions were disclosed in any of the IGEX OTC filings. 

Public records show that Capitol Capital Corporation has also been involved as a noteholder in at least three other public issuers that used Jason Black as the CEO, MedX Holdings Inc (MEDH), Cann American Corp (CNNA), and Seven Arts Entertainment, Inc (SAPX).

CNNA recently appointed Jason Tucker, former CEO of LEAS, as its new CEO, giving it yet another connection to past Miller frauds. And according to SAPX OTC disclosures, on December 27, 2022, all the debt notes previously put in the name of Capitol Capital Corporation were transferred to an entity named Via Capital, represented in the SAPX filings by Jesus Cipriano, keeping the notes active despite Mark Miller’s various legal issues. Via Capital immediately started converting the debt into large chunks of free trading stock, including 150,000,000 shares on December 28, 2022, 150,000,000 shares on February 21, 2023, and 180,000,000 shares on March 6, 2023. SAPX has also begun to issue new debt notes to Via Capital.

Previously, in December 2020, Gary Kouletas (PAG Group LLC), who was another insider in LEAS and MEDH, was arrested and charged in a separate pump & dump scheme involving Global Resource Energy Inc (GBEN).  That Indictment references an unnamed “Cooperating Witness” who is described as “a stock promoter and CEO of several public companies under federal investigation for securities fraud-related offenses but not yet charged.”

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=170221017

Share selling scam exposed (IGEX, MEDH, SAPX, CNNA)

Jason Black CNNA & SAPX CEO

Straight from the SEC website:

https://www.sec.gov/enforcement-litigation/litigation-releases/lr-25469

Rahim Mohamed, Davies (Dave") Wong

SEC Charges 18 Defendants in International Scheme to Manipulate Stocks Using Hacked US Brokerage Accounts

Litigation Release No. 25469 / August 16, 2022

Securities and Exchange Commission v. Rahim Mohamed, Davies ("Dave") Wong, Glenn B. Laken, Richard C.S. Tang, Zoltan Nagy, Jeffrey D. Cox, Phillip G. Sewell, Breanne M. Wong, Christophe Merani, Anna Tang, Robert W. Seeley, Richard B. Smith, Christopher R. Smith, H.E. Capital SA, POP Holdings Ltd., Maximum Ventures Holdings LLC, Harmony Ridge Corp., and Avatele Group LLC, Defendants, and 9224-3708 Quebec, Inc., a/k/a Distributions Bano, and Jason Black, Relief Defendants, No. 1:22-cv-03252 (N.D. Ga. filed Aug. 15, 2022)

The Securities and Exchange Commission today charged 18 individuals and entities for their roles in a fraudulent scheme in which dozens of online retail brokerage accounts were hacked and improperly used to purchase microcap stocks to manipulate the price and trading volume of those stocks. Those charged include Rahim Mohamed of Alberta, Canada, who is alleged to have coordinated the hacking attacks, and several others in and outside the U.S. who allegedly benefited from or participated in the scheme.

According to the SEC's complaint, in late 2017 and early 2018, hackers accessed at least 31 U.S. retail brokerage accounts and used them to purchase the securities of Lotus Bio-Technology Development Corp. and Good Gaming, Inc. The unauthorized purchases allegedly enabled fraudsters, who already controlled large blocks of Lotus Bio-Tech and Good Gaming stock, to sell their holdings at artificially high prices and reap more than $1 million in illicit proceeds. According to the complaint, Davies Wong of British Columbia, Canada, and Glenn B. Laken of Illinois, respectively, controlled the majority of the Lotus Bio-Tech and Good Gaming stock that was sold while the hacking attacks were being carried out, and Mohamed coordinated with Davies Wong, Laken, and others to orchestrate the attacks. The complaint also alleges that Richard Tang of British Columbia, Canada, was involved with both the Lotus Bio-Tech and Good Gaming schemes.

The SEC's complaint charges violations of the antifraud and beneficial ownership reporting provisions of the Securities Act of 1933 ("Securities Act") and the Securities Exchange Act of 1934 ("Exchange Act"), and names two relief defendants who received proceeds from the hacks. More specifically, the complaint charges the following defendants with the following violations:


• Rahim Mohamed of Alberta, Canada, with directly violating, and aiding and abetting violations of, Section 17(a) of the Securities Act, and Sections 9(a) and 10(b) of the Exchange Act, and Rule 10b-5 thereunder;
 

• Davies Wong of British Columbia, Canada, Richard Tang of British Columbia, Canada, Zoltan Nagy of British Columbia, Canada, Anna Tang of British Columbia, Canada, and Breanne Wong of British Columbia, Canada and Panama, with directly violating, and aiding and abetting violations of, Section 17(a) of the Securities Act, and Section 10(b) of the Exchange Act, and Rule 10b-5 thereunder, and directly violating Sections 13(d) and 16(a) of the Exchange Act, and Rules 13d-1 and 16a-3 thereunder;
 

• Glenn B. Laken of Illinois, Jeffrey Cox of Alberta, Canada, Christophe Merani of Illinois, and Phillip Sewell of British Columbia, Canada, with directly violating, and aiding and abetting violations of, Section 17(a) of the Securities Act, and Section 10(b) of the Exchange Act, and Rule 10b-5 thereunder;
 

• Robert Seeley of the Dominican Republic, Christopher R. Smith of the Dominican Republic, Richard B. Smith of the Dominican Republic, Wyoming entity Harmony Ridge Corp., and Nevis entities H.E. Capital SA and POP Holdings Ltd., with aiding and abetting violations of Section 17(a) of the Securities Act, and Section 10(b) of the Exchange Act, and Rule 10b-5 thereunder;
 

• Wyoming entity Maximum Ventures Holdings LLC, with aiding and abetting violations of Section 17(a) of the Securities Act, and Section 10(b) of the Exchange Act, and Rule 10b-5 thereunder, and directly violating Sections 13(d) and 16(a) of the Exchange Act, and Rules 13d-1 and 16a-3 thereunder; and
 

• Wyoming entity Avatele Group LLC, with directly violating Sections 13(d) and 16(a) of the Exchange Act, and Rules 13d-1 and 16a-3 thereunder.

The SEC's complaint also names Quebec, Canada entity 9224-3708 Quebec Inc., a/k/a Distributions Bano, and Jason Black of California and/or Georgia, as relief defendants. The SEC seeks the return of ill-gotten gains plus interest, penalties, bars, and other equitable relief. The SEC's investigation is continuing.

The SEC's investigation has been conducted by Joshua Dickman and Lucy Graetz of the Atlanta Regional Office, Andrew McFall of the Washington, D.C. Office, and Patrick McCluskey of the Philadelphia Regional Office, with the assistance of Marlee Miller and Owen Granke of the SEC's Office of International Affairs. The case is being supervised by Acting Chief of the Crypto Assets and Cyber Unit Carolyn Welshhans, Market Abuse Unit Chief Joseph Sansone, Justin Jeffries and Natalie Brunson of the Atlanta Regional Office, and Amy Flaherty Hartman of the Chicago Regional Office. Robert Gordon and William Hicks of the Atlanta Regional Office will lead the SEC's litigation, supervised by M. Graham Loomis.

The SEC appreciates the assistance of the Financial Industry Regulatory Authority, the Alberta Securities Commission, the Australia Securities and Investments Commission, the British Columbia Securities Commission, the Calgary Police Service, the Cayman Islands Monetary Authority, the Dubai Financial Services Authority, the French Autoritƒ© des Marchƒ©s Financiers, the Hong Kong Securities and Futures Commission, the Mauritius Financial Services Commission, the Ontario Securities Commission, the Quebec Autoritƒ© des Marchƒ©s Financiers, the Royal Canadian Mounted Police, the Securities Commission of the Bahamas, the Sƒ»retƒ© du Quƒ©bec, the Superintendencia del Mercado de Valores de la Repƒºblica Dominicana, the Swiss Financial Market Supervisory Authority, and the United Kingdom Financial Conduct Authority.

To learn more about how to protect your online investment accounts from fraud, please visit the SEC's Office of Investor Education and Advocacy investor alerts webpage.

• SEC Complaint

Last Reviewed or Updated: May 31, 2023

More to hold the EGObag ™ soon

EM Sucks!

lol. Yawn!

SEC Chair Gensler to Depart Agency on January 20

https://www.sec.gov/newsroom/press-releases/2024-182

Better pay attention.
He said "Timing is Everything"
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175390698

What's up with investing in real companies, building generational wealth?  Oh whateva

Hopefully, the Trump regime retains this policy, even though it is being initiated under the Biden regime. A new SEC could yet kill it, either out of spite or due to mass turnover in the federal workforce ... as appears likely beyond just what are currently politically appointed positions. This policy - which is still undergoing development & mark-up - could yet be canceled, changed, or simply forgotten about.

Yes, deregulation occurring no matter what party is driving the regime, it appears. Occasionally, even what I would sometimes see as positive or helpful deregulation. All depends on viewpoint, area expertise, and economic class, I guess.

If i didn't know better, I'd say "CANN American Corp" was involved in the arms industry.

Nuclear winter approaches

100% yes. In fact it already trades.

Yep, now that the MM Market manipulators have had time to load the boats with cheap shares, they will let loose the Banksters to print money with news shares....

You should ask CNNA.

Will this ever trade again?

The common lie being posted is that a stock can not get PC, with out a form 15c2-11. It is a lie.
Also lies claim the stock can not trade as a Pink Current with out a form 15c2-11
That is a bald faced lie. It simply bars Market Manipulator MM's from screwing retail. It means the only bids and asks are retail.

Pink Limited once the SEC Form 10 is filed and approved is all we need. Canadians trade CE and EM stocks all the time already. And deep pockets Americans willing to pay huge fees, can bypass the broker dealers. I do not use them. Too expensive. I do refuse to be mugged by OTC Markets,
so I still have my shares.

If this company had value we would be talking about the reasons that is the case, not discussing regulation changes that could change how these worthless shares trade.

This stock is TRAAAAASH

I hope so as the SEC is getting shuffled with the new administration taking over

there is gonna be alot of deregulation in the financial markets so less restrictions. If expert market is one of those markets then gonna def bring back the volume/interest next year.

Good point I hope this is the case

Sounds like you are one of them. GFY

Have the Korean Hedge Funds Covered their 6 trillion share short yet? Tia

This is almost certain ... depending on the content of their filings.

This stock going pink current would have been the main catalyst that could have skyrocketed it.

This is quite possible & likely how I would bet.

If they never file and we just get allowed to trade again with the rest of the garbage tickets in EM then the price of this thing will tank into oblivion.

Does this answer your question?

https://blog.otcmarkets.com/2024/10/14/the-evolution-of-the-otc-market-introducing-otcid/

"Issuers that do not provide updated information, ongoing reporting and the required management certifications will see their securities transition to the Pink Limited Market or to the Expert Restricted Market, whichever is applicable. This will make it clear that the issuer has no ongoing relationship with OTC Markets Group, while still allowing broker-dealers to serve clients willing to trade these securities. The “Pink” branding is well suited to warn investors of the potential for market imperfections, issuer information asymmetries and other risks of these orphaned securities."

Way I read this, regardless of designation quoting & trading will be allowed

Eh if they release a PR on such day could do decent as in 0.008-0.01 imo but yeah filings sends it way higher

But how can retail benefit/trade if 15c2-11 puts stocks in Expert Market trading which is blocked for most?

Ecomike aka professor is a shameless liar

This stock going pink current would have been the main catalyst that could have skyrocketed it.  

If they never file and we just get allowed to trade again with the rest of the garbage tickets in EM then the price of this thing will tank into oblivion.

Actually that rule is retails bestfriend, as it blocks and screws over Con-V-debt criminals, and blocks MM's Hanky Panky market manipulation fake share BS games, and only retail can trade.

I am just fine with that

A mix of Malarkey and hogwash. Only way you get my shares is buy them at .25/share

Hil-Nil was Lo_Hi..

Hi_Lo was right

They added “Or to the expert market” but hopefully when the new SEC Chair gets in they get rid of Rule 15c2-11 all together

Yes, he's involved

NIR Group. Broward County version.

I was hoping you'd enlighten these readers on KATHLEEN ROBERTON and the relationship with Jason Black.

Black seems to be a real ladies man. Ask Kim Halvorson.

In July 2025, Pink Current will become OTCID – a Basic Reporting Market for companies that meet a minimal current information standard and provide management certifications. Issuers that do not provide updated information will shift to the Pink Limited Market or to the Expert Market.

https://blog.otcmarkets.com/2024/10/14/the-evolution-of-the-otc-market-introducing-otcid/

xxxxx

If you don't mind..

Don't include me in those prayers..

I'll do my own.. in the vein of '
Dear God, open thyne divine gate and flow through tides of green streams of dollars
to our humble, patience & accepting of your divine timing; shareholders.

Tthank you for placing us in your garden of green eden.
Amen, to ya sister, brover & ur muther!
High five to all the CNNA faithful & may you have a Pink Thanksgiving.

Drop us a big one Kelly.. We're feeling da current..

It's over. Just face it. Affliction shirt wearing, mid 40s drunks in Canadian tuxedos played all of us. We can only hope karma gets them 100 fold down the line. I'll pray on it. 

Ghost Town? Unsure of reference/meaning. Please expound?

Jason Tucker (551) 285-4350

Ghost Town

https://www.otcmarkets.com/filing/html?id=16791264&guid=cmY-kpB8kdwfJth

https://www.otcmarkets.com/stock/CNNA/disclosure

xxxxxxxxxxxxx

"Somebody will get this current again and trading."

That somebody is looking more & more like "someone not Prodigy." I really wish they would just sell the ticker to someone who can post the financials from Q3 '22 on & get us PC again. I can't believe it would be that difficult. Maybe a new owner could tell us how we went from 261m shares to 738m shares. Maybe even recover some. Yes, that would likely add another year to the wait, but we don't seem to be making any progress anyway ... at least that anyone can say for certain.

My money says the black box that is the PHP website/operation hasn't seen revenue beyond mid-five-figures over the past year. Which makes me question where the funds are coming from for Affliction shirts & 1.5 years of audit ... both failed & whatever the fuck is happening now.

Have a good new year all.

youtube.com/watch?v=eK7mPPK... Just a little from yesterday

youtube.com/watch?v=eK7mPPK... Just a little from yesterday

Thank you for your kind words. Problem found. I accidently hit or check a box that change my acct. Cann wasnt showing up on my computor. Money gone from Cann... it was weird. Corrected my problem this morning and it said if you had accounts with TD and you hit or check that little frickin dot, thats the problem. I had a great day yesterday $$$ and maybe that was the problem. :) Check this ticker out. You are a young man and this might be like buying Coke Cola in the day. Really look into this ticker: APLD Thank you again!

I'm honored to hear from you Fishnman, and God Bless. I'm 30 years younger than you, and I would bet that you've got so much more knowledge than me about living a successful and fruitful life. I honestly respect you.

I follow a lot of stocks for a hobby, this being one of them. Somebody will get this current again and trading. Just a matter of time. With my personal experience, I say 2025 will be a hot stock market. November 19th is tomorrow, the day I decided to join iHub in 2017. My father's birthday. CNNA will do well when the weather is good again.